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BORROWINGS (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Debt
The following table summarizes the Corporation’s borrowings as of December 31, 2023 and 2022:
December 31, 2023December 31, 2022
Federal funds purchased$— $171,560 
Securities sold under repurchase agreements157,280 167,413 
Federal Home Loan Bank advances712,852 823,674 
Subordinated debentures and other borrowings158,644 151,298 
Total Borrowings$1,028,776 $1,313,945 
Schedule of Collateral Pledged for all Repurchase Agreements Accounted for as Secured Borrowings
The collateral pledged for all repurchase agreements that are accounted for as secured borrowings as of December 31, 2023 and 2022 were:
December 31, 2023
Remaining Contractual Maturity of the Agreements
Overnight and ContinuousUp to 30 Days30-90 DaysGreater Than 90 DaysTotal
U.S. Government-sponsored mortgage-backed securities$157,280 $— $— $— $157,280 

December 31, 2022
Remaining Contractual Maturity of the Agreements
Overnight and ContinuousUp to 30 Days30-90 DaysGreater Than 90 DaysTotal
U.S. Government-sponsored mortgage-backed securities$167,413 $— $— $— $167,413 
Schedule of Maturities of Long-term Debt
Contractual maturities of borrowings as of December 31, 2023, are as follows:
Maturities in Years Ending December 31:Securities Sold
Under Repurchase Agreements
Federal Home
Loan Bank
Advances
Subordinated
Debentures and
Term Loans
2024$157,280 $60,000 $1,175 
2025— 95,000 — 
2026— 75,000 — 
2027— 250,000 — 
2028— 215,000 70,000 
2029 and after— 17,852 91,120 
ASC 805 fair value adjustments at acquisition— — (3,651)
 $157,280 $712,852 $158,644